What is the name of your state (only U.S. law)? New Jersey
Our company installed a business telephone system, and did service work at a spa in New York City, totalling $2,400.
While trying to collect the money due, we were informed that the spa was just sold. The new owners are only offering 2 payment options.
1) 20% lump sum, and the account would then be considered paid in full OR
2) $100 a month for the next 2 years. (spa could very easily fail within that time)
How should we handle this?
Does the new owner assume all liability? (They are using the phone system we installed.)
Should we pursue Small Claims Court?
Our company installed a business telephone system, and did service work at a spa in New York City, totalling $2,400.
While trying to collect the money due, we were informed that the spa was just sold. The new owners are only offering 2 payment options.
1) 20% lump sum, and the account would then be considered paid in full OR
2) $100 a month for the next 2 years. (spa could very easily fail within that time)
How should we handle this?
Does the new owner assume all liability? (They are using the phone system we installed.)
Should we pursue Small Claims Court?